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Tariff Formula Released by Trump Administration - Explained (in brief!) 
Intention: eliminate bilateral trade deficit
Depends on:
1. Elasticity. If demand is price-sensitive, small tariff shrinks import volumes sharply.
2. Pass-through. If exporters absorb costs, U.S. prices stay low, imports don’t fall.
3. Larger import volume= bigger tariff needed
Depends on:
1. Elasticity. If demand is price-sensitive, small tariff shrinks import volumes sharply.
2. Pass-through. If exporters absorb costs, U.S. prices stay low, imports don’t fall.
3. Larger import volume= bigger tariff needed
What formula doesn’t capture:
•FX shifts – currency changes can offset tariff effects
•Retaliation – does not take counter-tariffs into account
•Supply chains – e.g. rerouting via third countries
•Long-term shifts – firms may relocate, buyers may substitute etc
•FX shifts – currency changes can offset tariff effects
•Retaliation – does not take counter-tariffs into account
•Supply chains – e.g. rerouting via third countries
•Long-term shifts – firms may relocate, buyers may substitute etc
Now, why would the billionaire class be on a mad spree, purchasing 'natural assets' on a large scale?
(UNEP GEO6; 'A Long-Term Vision for 2050)
... and do note that the governance and means of implementation go both up and down... like... say... an inductor?
(UNEP GEO6; 'A Long-Term Vision for 2050)
... and do note that the governance and means of implementation go both up and down... like... say... an inductor?
OMFG what the planned, permanent rentier class has invented is sort of quasi-synthetic feudalism.
because the carbon emission is... the NEGATIVE of the yield on sequestration.
because the carbon emission is... the NEGATIVE of the yield on sequestration.
it is really clever, I will give them that. they will own the assets. the assets lead to ecosystem service production.
your consumption is the opposite side of that coin.
now integrate those ecosystem services into money itself.
permanent rentier class.
your consumption is the opposite side of that coin.
now integrate those ecosystem services into money itself.
permanent rentier class.
HAPPENING NOW: Judge Boasberg says he believes the Trump administration "acted in bad faith" on the day of the Alien Enemies Act deportations.
Boasberg says his impression is that "if you really believed everything you did that day was legal and would survive a court challenge, you wouldn’t have operated the way you did"
He notes that Trump signed the proclamation on Friday, March 14 but it wasn't made public until Saturday the 15th in the afternoon. Yet in the meantime, ICE teed up more than 100 purported Venezuelans for summary deportation well before it was made public.
Boasberg says his impression is that "if you really believed everything you did that day was legal and would survive a court challenge, you wouldn’t have operated the way you did"
He notes that Trump signed the proclamation on Friday, March 14 but it wasn't made public until Saturday the 15th in the afternoon. Yet in the meantime, ICE teed up more than 100 purported Venezuelans for summary deportation well before it was made public.
Boasberg began the hearing by ticking through a set of undisputed facts, with the Trump administration lawyer agreeing to each.
-"My TROs did not order any TdA member to be released from custody"
-"The TROs did not prevent the govenrment from apprehending any TdA member."
-The TROs, he noted, also did not bar the administration from deporting any TdA member through other well-established processes.
-"My TROs did not order any TdA member to be released from custody"
-"The TROs did not prevent the govenrment from apprehending any TdA member."
-The TROs, he noted, also did not bar the administration from deporting any TdA member through other well-established processes.
BOASBERG emphasizing that it was luck that he was available at 7:30AM on Saturday morning to hear the lawsuit — filed at 1:12AM — to block some of the Alien Enemies Act deportations. He notes that the rush appeared intended to avoid litigation and court scrutiny.
Boasberg notes that despite the concerns he raised at the early morning hearing, and the fact that he scheduled a 5pm hearing, the government continued to race to put people on planes and have them take off before he could rule.
He notes the case of Kilmar Abrego Garcia, who the government has admitted was on the 3rd plane (though not an Alien Enemies Act deportee) erroneously.
Boasberg notes that despite the concerns he raised at the early morning hearing, and the fact that he scheduled a 5pm hearing, the government continued to race to put people on planes and have them take off before he could rule.
He notes the case of Kilmar Abrego Garcia, who the government has admitted was on the 3rd plane (though not an Alien Enemies Act deportee) erroneously.
Judge Boasberg begins his hearing to determine whether he will find the Trump admin violated his temporary restraining order to turn back Venezuelan immigrant flights.
I'll be listening in and providing periodic updates.
I'll be listening in and providing periodic updates.
Boasberg puts DOJ lawyer Drew Ensign on the defensive, highlighting the limited scope of his order:
The Trump admin can still deport TdA members under any other number of authorities — other than summary expulsions under the Alien Enemies Act.
Ensign agrees.
The Trump admin can still deport TdA members under any other number of authorities — other than summary expulsions under the Alien Enemies Act.
Ensign agrees.
In fact, Boasberg notes, the Trump admin executed those other deportations this week.
Ensign agrees.
After more Q&A, Boasberg corners Ensign: If anyone in the Trump admin said otherwise, "those statements wouldn't be true, right?"
After some evasion, Ensign agrees.
Ensign agrees.
After more Q&A, Boasberg corners Ensign: If anyone in the Trump admin said otherwise, "those statements wouldn't be true, right?"
After some evasion, Ensign agrees.
The latest update to ChatGPT allows users to generate images in the iconic style of Studio Ghibli.
Studio Ghibli co-founder Miyazaki Hayao has raised concerns over AI-generated art as well as general unauthorized editing of his work in the West. 🧵⬇️
Studio Ghibli co-founder Miyazaki Hayao has raised concerns over AI-generated art as well as general unauthorized editing of his work in the West. 🧵⬇️
In 1984, Miyazaki Hayao made his second feature film, “Kaze no tani no Naushika” (“Nausicaä of the Valley of the Wind”), which was based on his own popular manga strip.
The following year he, Takahata Isao, and producer Suzuki Toshi established Studio Ghibli.
The following year he, Takahata Isao, and producer Suzuki Toshi established Studio Ghibli.
Years later, “Nausicaä of the Valley of the Wind” was badly edited for release in the United States under the name “Warriors of the Wind” (1986).
Following the debacle, Miyazaki did not allow his films to be released in the West for many years.
Following the debacle, Miyazaki did not allow his films to be released in the West for many years.
Everyone’s watching rate cuts.
No one’s pricing in tariffs.
But Trump just reignited the most dangerous macro weapon in the game.
And this time, crypto’s the first target.
Here’s what you need to know👇
No one’s pricing in tariffs.
But Trump just reignited the most dangerous macro weapon in the game.
And this time, crypto’s the first target.
Here’s what you need to know👇
I spent countless hours researching
If you found this valuable, like, RT, and drop a comment—it means a lot.
And don’t forget to follow @DefiTokyo for more.
If you found this valuable, like, RT, and drop a comment—it means a lot.
And don’t forget to follow @DefiTokyo for more.
1/ What are tariffs — really?
They’re taxes on imports.
But the cost hits your own economy first — not the other guy.
Prices go up. Trade slows. Supply chains break.
Markets don’t like friction — and tariffs create a lot of it.
They’re taxes on imports.
But the cost hits your own economy first — not the other guy.
Prices go up. Trade slows. Supply chains break.
Markets don’t like friction — and tariffs create a lot of it.
STAND BY:
Attorneys are entering courtroom here at DC federal court
Judge James Boasberg has 3pm hearing to get to the bottom of why his orders to "turn the planes around" wasn't complied with last month.. When Trump Administration used 18th century law to deport Venezuelans
Attorneys are entering courtroom here at DC federal court
Judge James Boasberg has 3pm hearing to get to the bottom of why his orders to "turn the planes around" wasn't complied with last month.. When Trump Administration used 18th century law to deport Venezuelans
Judge Boasberg doesn't waste time. He opens hearing noting the "public attention" being attracted by these deportations of Venezuelan nationals.. and the court order that was NOT complied with
He wants answers today
He wants answers today
Judge Boasberg presses Justice Dept attorney (Drew Ensign)
Judge asks DOJ to confirm that they *knew* his order didn't prevent gang members from remaining jailed.... and didn't prevent them from being deported thru normal means
Justice Dept attorney: "Yes your honor"
Judge asks DOJ to confirm that they *knew* his order didn't prevent gang members from remaining jailed.... and didn't prevent them from being deported thru normal means
Justice Dept attorney: "Yes your honor"
I don’t have anything novel to contribute on the substance of but have to again comment, pace Situational Awareness that I think kicked this trend off, that single-essay microdomains with a bit of design, a bit of JS, and perhaps a downloadable PDF are…ai-2027.com
… a really interesting form factor for policy arguments (or other ideas) designed to spread.
Back in the day, “I paid $15 to FedEx to put this letter in your hands” was one powerful way to sort oneself above the noise at a decisionmaker’s physical inbox, and “I paid $8.95 for a domain name” has a similar function to elevate things which are morally similar to blog posts.
🚨"Show Cause" hearing in Alien Enemies Act case on question of whether Trump Administration violated Court's order set to start in 15 minutes. I'll try to cover live here. 1/
2/ Here's your pre-read which explains Trump Administration's arguments and my predictions.
3/ Judge: Looking further into parties compliance with TROs. Judge asks DOJ to start.
Given public attention wants to reiterate "effect" of TRO, you agree did not release any tDa member to be released or from apprehending or deporting per regular measure and some even deported on that basis.
My TRO only said couldn't deport by Proclamation.
If anyone in administration makes statements they wouldn't be true.
Me: Judge isn't doing himself any favors.
Judge: Claims government is bad faith and didn't comply.
Given public attention wants to reiterate "effect" of TRO, you agree did not release any tDa member to be released or from apprehending or deporting per regular measure and some even deported on that basis.
My TRO only said couldn't deport by Proclamation.
If anyone in administration makes statements they wouldn't be true.
Me: Judge isn't doing himself any favors.
Judge: Claims government is bad faith and didn't comply.
Here’s how Trump betrays his voters:
🧵
1. Tariffs add thousands of dollars in added costs to families every year — north of 3 grand already, before more retaliatory tariffs.
🧵
1. Tariffs add thousands of dollars in added costs to families every year — north of 3 grand already, before more retaliatory tariffs.
2. The market rout trashes 401ks and pensions — ~$2 trillion lost already.
3. Families counting on Medicaid get hit for nursing home, childbirth expenses — could be as bad as $800 billion.
3. Families counting on Medicaid get hit for nursing home, childbirth expenses — could be as bad as $800 billion.
4. Homeowners insurance already up average 50%; in high-risk regions costs are doubling and tripling, if insurance is even available.
5. National debt going up by $5 trillion, raising interest rates and pressuring government budgets.
5. National debt going up by $5 trillion, raising interest rates and pressuring government budgets.
The PCR map is out and national positivity has risen again to 4.2%.
The number of patients in hospital with covid, which was under 1,000 for most of February, has gone above 1,200 this week.
1/9 jamestindall.info/skeuomorpholog…
The number of patients in hospital with covid, which was under 1,000 for most of February, has gone above 1,200 this week.
1/9 jamestindall.info/skeuomorpholog…
A good amount of the rise has been in the North-East and Yorkshire.
Beds in Durham and Darlington have risen rapidly, as in Harrogate; York has remained at its elevated level.
2/9
Beds in Durham and Darlington have risen rapidly, as in Harrogate; York has remained at its elevated level.
2/9
There's a clear problem across this area around Leeds:
Doncaster's beds have rocketed out of nowhere
Wakefield and Rochdale report high positivity
Blackburn, Calderdale, Kirklees, Trafford, N Lincs. all dropped out of reporting.
3/9
Doncaster's beds have rocketed out of nowhere
Wakefield and Rochdale report high positivity
Blackburn, Calderdale, Kirklees, Trafford, N Lincs. all dropped out of reporting.
3/9
Approximately 2 mo. ago I sold most of my stocks because I listened to the experts and not Trump.
Here is a thread of what the experts are now saying a day after Trump Announced his idiotic Tariffs.
I will continue to add to this thread throughout the day. 🧵 ---> Please Share
Here is a thread of what the experts are now saying a day after Trump Announced his idiotic Tariffs.
I will continue to add to this thread throughout the day. 🧵 ---> Please Share
Takahide Kiuchi – Nomura Research Institute (Executive Economist):
“Trump’s tariffs carry the risk of destroying the global free trade order the United States itself has spear-headed since the Second World War.”
🧵
“Trump’s tariffs carry the risk of destroying the global free trade order the United States itself has spear-headed since the Second World War.”
🧵
Antonio Fatas – INSEAD Business School (Macro Economist):
“I see it as a drift of the U.S. and global economy towards worse performance, more uncertainty and possibly heading towards something we could call a global recession.”🧵
“I see it as a drift of the U.S. and global economy towards worse performance, more uncertainty and possibly heading towards something we could call a global recession.”🧵
